EC plans direct taxation of EU citizens

EC plans direct taxation of EU citizens

The European Commission is developing plans for the European Union to directly tax the citizens of the EU, rather than relying on earmarked transfers of national revenues, for instance from customs duties.

Link: EC in new drive to stamp out tax evasion

The moves were revealed in an interview with EU budget commissioner Michaele Schreyer in the German newspaper Handelsblatt. She claimed that such a move would boost ‘transparency’ in EU tax, given that increasing amounts of money are transferred to Brussels.

The suggestion has been framed in a draft policy paper, which may receive commission approval next week (10 February). The proposal will be controversial; it has already been opposed by Germany.

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